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CanadianMunger

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  1. Dude do yourself a favor and edit or delete this post, it's really in poor taste
  2. Congratulations sir!
  3. Indeed John, the pics of Warren brought tears of gratitude to my eye. How lucky were we to have Charlie for 99 and Warren for 95+ years?
  4. I would highly suggest a glencairn glass for this grade of scotch (I prefer the glencairn copita).. dramatically improved my ability to nose whisky. Cheers and enjoy
  5. So Charlie built the house he spent decades in? No AC? Knowing his obsession with detail he probably designed it to stay cool as possible. What a legend. Rest easy Charles T. Munger, and Thanks for Everything
  6. gfp - from your posts its pretty clear that your are quite adept operating in the stock and bond market. So why bother with the hassle of real estate investing?
  7. Well, sure wish I had listed to Viking in the second post of this thread!
  8. In 1964 Stanton made a verbal tender offer of $111⁄2 per share for the company to buy back Buffett's shares. Buffett agreed to the deal. A few weeks later Buffett received the tender offer in writing, but the tender offer was for only $113⁄8. Buffett later admitted that this lower (undercutting offer) made him angry.[2] Instead of selling at the slightly lower price, Buffett decided to buy more of the stock to take control of the company and fire Stanton. Even after 60 years, this activist means business!
  9. Thanks gfp. Can you or someone else explain the "First" paragraph and what it means that Charlie left everything to the Munger Community Property trust please? Does "priority to duty over property" indicate some sort of merit based system of distributing assets?
  10. Come on man this is a value investors forum, way better options available for about a third of the price haha
  11. I love Warren but the size of this cash pile is...Indefensible
  12. A true original. Thanks for sharing your wisdom all these years Charlie. Rest in peace.
  13. As usual, the best take around.
  14. gfp - Your explanation looks spot on, great post. I can't recall Berkshire initiating a management change of an acquisition this quickly before(?) so yeah it looks like they weren't happy being gamed. edit: imo, gfp your commentary on Berkshire has the most signal to noise ratio and that includes the greats such as mungo and rationalwalk among others. I always look forward to reading your posts - thanks sir!
  15. Royal Bank of Canada injects cash into US subsiduary: https://finance.yahoo.com/news/2-rbc-pumps-capital-californian-154026168.html
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